Business news from Ukraine

Business news from Ukraine

“Zaporizhkoks” increased blast furnace coke production by 48.7%

6 May , 2023  

Zaporizhkoks PJSC, one of Ukraine’s largest producers of coke products, a part of Metinvest group, in January-April this year increased blast furnace coke production by 48.7% in comparison with the same period of the last year – up to 282.6 thousand tons from 190 thousand tons.
According to the company, in April-2023 it produced 71.3 thousand tons of blast-furnace coke, whereas in April-2022 it was 52.7 thousand tons (a 35.4% increase).
“The increase in production levels in April 2023 compared to the same period of the previous year is due to the withdrawal of production facilities from forced hot mothballing caused by full-scale military actions on the territory of Ukraine,” the press release explains.
As it was reported, in January-March 2023 “Zaporozhkoks” increased the production of blast-furnace coke by 74% in comparison with the same period last year – up to 211.3 thousand tons from 137.3 thousand tons, including 72.8 thousand tons in March, while in March 2022 – 4.1 thousand tons.
“Zaporizhkoks” in 2022 decreased the production of blast-furnace coke by 11.9% compared to 2021 – to 737.4 thousand tons, including 70.8 thousand tons of coke produced in December.
“Zaporizhkoks” produces about 10% of coke produced in Ukraine, owns a full technological cycle of processing of coke products. It also produces coke gas and pitch coke.
“Metinvest is a vertically integrated mining group of companies. Its major shareholders are SCM Group (71.24%) and Smart Holding (23.76%) that jointly manage the company.
Metinvest Holding LLC is the managing company of Metinvest group.

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